Do NOT Buy A New Construction Home in Ottawa
Автор: Liam Swords - Ottawa Real Estate
Загружено: 2025-10-06
Просмотров: 1829
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New build homes in Ottawa come with shiny upgrades, perfect paint, and that “brand new” smell—but also hidden traps that can cost you tens of thousands. In this video, I break down the four reasons you shouldn’t buy a new build right now in Ottawa—plus the one situation where it actually makes sense.
From builder pricing tactics to appraisal gaps, resale competition, and sky-high deposits, I’ll walk you through the biggest risks buyers overlook. If you’re planning to sell within 3–5 years, these red flags are critical. But if you’re in it for the long haul, there’s one big advantage you don’t want to miss.
What You’ll Learn:
How builder pass-through costs and tariffs impact your bottom line
Why buying in a multi-phase community means competing directly with the builder
The 12–18 month price lock paradox that can leave you with a surprise $100K shortfall
Phantom rent and hidden condo costs most first-time buyers don’t see coming
Why resale homes give you negotiation leverage—and how to protect your exit strategy
Time Stamps:
00:00 – The Hype vs. Reality of Ottawa New Builds
01:02 – Tariff Costs & Builder Pass-Throughs
02:01 – Competing Against the Builder When You Sell
03:30 – The 12–18 Month Price Lock Paradox
05:55 – Phantom Rent & Hidden Condo Costs
07:24 – Why You Have No Negotiation Power
09:05 – The One Reason You Should Buy New
12:00 – Ottawa Neighborhoods to Avoid Short-Term
13:51 – Why Premium Lots Always Win
14:51 – Final Take: New Builds vs. Resale
Buying a home in Ottawa doesn’t have to mean surprise costs or buyer’s regret. Watch this video to learn how to protect your equity and make the smartest move for your future.
Once you know the risks of new builds, the next step is learning which types of Ottawa homes you should never buy. Watch my next video here to see the red flags every buyer should know.
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